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# Test: National Income - 1

## 31 Questions MCQ Test Economics for CA CPT | Test: National Income - 1

Description
This mock test of Test: National Income - 1 for CA Foundation helps you for every CA Foundation entrance exam. This contains 31 Multiple Choice Questions for CA Foundation Test: National Income - 1 (mcq) to study with solutions a complete question bank. The solved questions answers in this Test: National Income - 1 quiz give you a good mix of easy questions and tough questions. CA Foundation students definitely take this Test: National Income - 1 exercise for a better result in the exam. You can find other Test: National Income - 1 extra questions, long questions & short questions for CA Foundation on EduRev as well by searching above.
QUESTION: 1

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QUESTION: 2

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QUESTION: 3

### The most important problem in Estimating GNP is:

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QUESTION: 4

GDPMP=GDPFC+________:

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QUESTION: 5

Transfer payments refer to payments, which are made:

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QUESTION: 6

Real National Income means national income measured at:

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QUESTION: 7

The most important problem of estimating National Income is.

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QUESTION: 8

GDP at factor cost is equal to GDP at market price minus ________ plus subsidies.

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QUESTION: 9

Net national product at factor cost is also known as:

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QUESTION: 10

GNP = GDP + _____________.

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QUESTION: 11

National Income doesn’t include :

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QUESTION: 12

GNP at factor cost minus depreciation is equal to ______.

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QUESTION: 13

The difference between value of output and value added is:

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QUESTION: 14

Net Domestic Product (NDP) = Gross Domestic Product (GDP) minus ______.

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QUESTION: 15

Transfer payments are.

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QUESTION: 16

Personal disposable income means:

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QUESTION: 17

Product method of calculating national income is also known as

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QUESTION: 18

As per the Value Added Method of measuring national income identify which of the following item is excluded?

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QUESTION: 19

Which of the following represents National Income?

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QUESTION: 20

In GNP calculation which of the following should be excluded?

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QUESTION: 21

NNPFC minus ________ = NDPFC

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QUESTION: 22

Product method of calculating national income is also known as:

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QUESTION: 23

GNP=GDP+__________:

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QUESTION: 24

National Income differs from Net National Product at market price by the amount of

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QUESTION: 25

National Income estimation in India is done by :

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QUESTION: 26

National Income differs from Net National Product at market price by the amount of :

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QUESTION: 27

GNP is equal to ________ plus Net foreign income from abroad

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QUESTION: 28

Goods and services for final consumption are:

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QUESTION: 29

The most important problem is estimating GNP is :

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QUESTION: 30

Personal disposable income means:

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QUESTION: 31

Which of the following is not correct?

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